231 Lux Ave - Storefront Retail/Residential FOR SALE


South San Francisco, CA 94080- Downtown South San Francisco
$1,298,000 USD
650-296-3880
231 Lux Ave, South San Francisco, CA for Sale
$1,298,000 USD
Storefront Retail/Residential - FOR SALE
1/39
null | Request Cap Rate

231 Lux Ave
South San Francisco, CA 94080
Downtown South San Francisco


OVERVIEW

Rare Mixed-Use Opportunity in the Heart of South San Francisco! Welcome to 231 Lux Avenue, a unique mixed-use property offering incredible potential for both investors and owner-users. This two-story building features a well-maintained 3-bedroom, 1-bathroom residential unit on the upper level, currently rented, providing steady income. The street-level commercial space is home to a long-standing and beloved Mexican restaurant, included in the sale. With nearly 40 years of success, this turnkey business offers a rare opportunity to continue a legacy or launch your own culinary vision. The sale also includes a beer and wine license (subject to conditions) and exclusive basement access for restaurant operations. Sitting on a large lot with dual street access, including entry from Tamarack Lane, the rear yard has been improved for outdoor dining or private events, seating approximately 40+ guests. Ideally located near Grand Avenue and Oyster Point, this property benefits from excellent exposure and proximity to biotech campuses, making it a sought-after dining destination for local professionals. Don't miss this chance to own a prime piece of South San Francisco real estate with live-work potential, income generation, and endless possibilities.

FOR SALE DETAILS

PRICE

$1,298,000 USD

PRICE/SF

$819 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Los Metates Taqueria

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,662 SF

ZONING

CL-C2, South S.F.

APN/PARCEL ID

012-314-020

ASK ABOUT THIS PROPERTY

Giovani FrancoKinetic Real EstateMore Info
650-296-3880

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Giovani FrancoKinetic Real EstateMore Info
650-296-3880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.